Hess Midstream LP (HESM)

Hess Midstream LP Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	330	223.1	118.6	83.9	46.4	24
Depreciation & Amortization	211.2	203.1	192.5	181.3	165.6	156.9
Other Amortization	13.7	9.6	8.4	8.8	7.3	6.5
Loss (Gain) From Sale of Assets	-	-	-	-	-	-0.1
Loss (Gain) From Sale of Investments	-	-	-	-	-	-0.4
Loss (Gain) on Equity Investments	4	3.2	3.7	7.7	6.8	-0.6
Stock-Based Compensation	2.1	1.8	1.7	1.6	1.4	1.5
Other Operating Activities	464.9	507.5	527	563.3	586	468.2
Change in Accounts Receivable	-19.2	-14.4	-1	-2.6	-27	-5
Change in Accounts Payable	-4.8	11.5	13.6	2.3	6.6	-0.5
Change in Other Net Operating Assets	-5.2	-5.1	1.9	14.8	2.4	-8.8
Operating Cash Flow	996.7	940.3	866.4	861.1	795.5	641.7
Operating Cash Flow Growth	7.24%	8.53%	0.61%	8.25%	23.97%	36.33%
Capital Expenditures	-284	-306.1	-223.5	-238.2	-163.2	-301.1
Sale of Property, Plant & Equipment	-	-	-	-	-	0.1
Investing Cash Flow	-284	-306.1	-223.5	-238.2	-163.2	-301
Short-Term Debt Issued	-	-	322	-	-	152
Long-Term Debt Issued	-	600	-	420	750	-
Total Debt Issued	1,141	600	322	420	750	152
Short-Term Debt Repaid	-	-325	-	-86	-80	-
Long-Term Debt Repaid	-	-12.5	-2.5	-10	-10	-
Total Debt Repaid	-835	-337.5	-2.5	-96	-90	-
Net Debt Issued (Repaid)	306	262.5	319.5	324	660	152
Repurchase of Common Stock	-400	-300	-400	-400	-750	-
Common Dividends Paid	-323.9	-235.3	-127.5	-91	-49.4	-31.6
Other Financing Activities	-299.6	-362.5	-432.6	-455	-493.3	-461.8
Financing Cash Flow	-717.5	-635.3	-640.6	-622	-632.7	-341.4
Net Cash Flow	-4.8	-1.1	2.3	0.9	-0.4	-0.7
Free Cash Flow	712.7	634.2	642.9	622.9	632.3	340.6
Free Cash Flow Growth	8.83%	-1.35%	3.21%	-1.49%	85.64%	353.53%
Free Cash Flow Margin	44.19%	42.41%	47.67%	48.85%	52.52%	31.19%
Free Cash Flow Per Share	6.11	7.13	11.42	15.05	24.60	18.82
Cash Interest Paid	191.6	191.6	170.6	136.8	84.5	88.9
Levered Free Cash Flow	404.1	341.8	416.29	362.49	403.53	97.63
Unlevered Free Cash Flow	528.59	458.58	519.76	447	462.1	150.31
Change in Working Capital	-29.2	-8	14.5	14.5	-18	-14.3

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q